We are getting Rs. 1500.00 per month as Salary Compnent Washing Allowance
Is this amount is tax free as per income tax/
What is the upper income tax free limit of Washing Allowance ?
Thanks in anticipation....!!!
As far as I know, if you are required to wear a certain type of uniform while at work, then only you are entitled for washing allowance exemption.If you wear routine clothes at work, washing allowance is not deductible.
For example transport allowance is exempt for up to rs. 800 per month. Beyond that it is taxable. Education allowance used to be tax free for rs. 500 per month per child. I am told it has been increased, but I have not had time to verify the current limit.
Why Vote? User validation is extremely important for good content to prosper.